Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps extemal stakeholders make informed decisions or how
managerial accounting helps managers to improve operational and financial performance. Your paper must be formatted according to WA 6th edition guidelines, and you need to use at least three
extemal references. The book used in this course is: Hermanson, R. H., Edwards, J. D., & Maher, M. W. (2013). Accounting principles: A business perspective, financial accounting (chapters 1-8) (8th
ed.). Textbook Equity, Inc. Retrieved from httplAsin.s,n.v.saylororg/siteAvp-content/upleads/2011/11/BUS103- TEXTBOOK.
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